$1-12.$ How much does the company spend on wages and benefits over the course of one year for $100$ office workers? Assume that each worker provides $2,080$ hours of service each year.

Wages for $100$ office workers for one year: $2080$ hours$*{100}^{**}13\mathrm{.}30=2,766,400$

Benefits for $100$ office workers for one year: $2080$ hours$*{100}^{**}5\mathrm{.}70=1185600$

$1-13.$ How much additional money does the company need to match the market rates for this group of $100$ employees?

Additional Money $=($$$23-$$$19)**100$ Employees $*2080=$$$832000$

$1-14.$ Assume the average hourly rate for total compensation increases to $$30$ per hour. Of this amount, wages are $$21$ per hour and benefits are $$9$ per hour.

How much additional money does the company need to match the new market rates for its group of $100$ employees?

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